Juniors chase ounces, cash flow
Juniors must deliver resource growth, production gains and technological edge to capture capital, according to participants at this month’s Mining Investment Event of the North in Quebec City. The Northern…
Financial Matters, M&A
Vizsla raising US$100M to develop Panuco project
Canadian miner Vizsla Silver (TSX, NYSE: VZLA) is raising about US$100 million ($138 million) to advance the exploration, drilling and development of its flagship Panuco project in western Mexico. The…
Video: New Gold CEO ramps up growth across two assets
New Gold (TSX: NGD; NYSE: NGD) has acquired full ownership of the New Afton copper-gold mine in British Columbia and prepped its new C-Zone to hit peak output. The mine…
Sprott to buy $200M of uranium for special fund
Asset manager Sprott (TSX, NYSE: SII) said it plans to buy about US$200.1 million ($270 million) worth of physical uranium for its dedicated fund after raising twice as much money…
Barrick to appeal Mali court’s administrator
Barrick Mining (TSX: ABX; NYSE: B) plans to appeal a Malian court decision appointing Soumana Makadji, a former health minister, as the provisional administrator of its Loulo-Gounkoto operation for six…
Novagold sees Donlin feasibility study by end ’27: CEO
Novagold Resources (TSX: NG) is pressing ahead with an updated feasibility study for its Donlin Gold project in Alaska now that Barrick Mining (TSX: ABX; NYSE: B) is no longer…
Premier American to buy Nuclear Fuels in $31M deal
Premier American Uranium (TSXV: PUR, US-OTC: PAUIF) agreed to buy Nuclear Fuels (CSE: NF; US-OTC: NFUNF) to create one of the largest U.S. uranium explorers. Nuclear Fuels stock soared. Nuclear…
Defense Metals eyes $250M loan for BC rare earths
Defense Metals (TSXV: DEFN) said Export Development Canada could lend up to $250 million (C$342 million) to help the company develop and build its main Wicheeda rare earth project in British Columbia. The…
Ioneer quadruples Nevada project reserves, costs double
Australia’s Ioneer (ASX: INR) has quadrupled ore reserves at its Rhyolite Ridge lithium-boron project in Nevada, sharply increasing both the project’s mine life and its development cost. The company’s flagship…
Diamond mining industry cracks under pressure
The global diamond industry is rapidly collapsing, with plunging revenues, halted operations, and doubts about its relevance.
Pan American signs $2.1B deal to buy MAG Silver
Pan American Silver (TSX, NYSE: PAAS) agreed to buy MAG Silver (TSX, NYSE: MAG) for about $2.1 billion in cash and stock to gain a stake in Mexico’s large-scale Juanicipio…
Revival Gold bets on Mercur, Beartrack-Arnett as catalysts in tight gold market
Revival Gold’s (TSXV: RVG, US-OTC: RVLGF) Mercur project in Utah offers a quicker route to first gold than the more developed Beartrack-Arnett property in Idaho, CEO Hugh Agro said. “It’s…